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we're not out of the deficit of the 8 million jobs already lost. in terms of a system being skewed, if we are continually supported a system where jobs go to the already employed, we are really not doing anything to foster the economic recovery that is going to benefit everybody. in society. none of these laws and nothing the national employment law practice is advocating says you have to fill open jobs with unemployed people. we are saying that qualified unemployed people should be allowed to compete on terms that are fair and that is good for all of us in our economic recovery. host: baltimore, maryland, just hired. caller: i would like to say one thing -- i love cspan and site -- and i love to make it through my phone call. go ravens. i live in baltimore city and the unemployment rate in baltimore city is unbelievable. the problem you have is that not only is there so many people unemployed but that there is a lack of job opportunities. how will the work that you are doing affect people live in urban america who are african- americans who are la
we're not out of the deficit of the 8 million jobs already lost. in terms of a system being skewed, if we are continually supported a system where jobs go to the already employed, we are really not doing anything to foster the economic recovery that is going to benefit everybody. in society. none of these laws and nothing the national employment law practice is advocating says you have to fill open jobs with unemployed people. we are saying that qualified unemployed people should be allowed to...
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Feb 4, 2013
02/13
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if we are not out of the deficit that we lost. in terms of the system being skewed, if we are continually supporting a system where jobs go to the already employed and we are really not doing anything to foster the economic recovery that is going to benefit everyone in society, none of these laws and nothing that the national employment law project is advocating for says you have to fill open jobs with unemployed people. what we are saying is that qualified unemployed people should be allowed to compete on terms that are fair. that is good for all of us in an economic recovery. host: baltimore, md., just retired, go ahead. caller: i would like to say one thing before i say my question. i love c-span and i always want to make it through on a phone call and i am glad that i made it through. that being said, and by the way -- go ravens, we won the super bowl. my question is this. i live in baltimore city. the unemployment rate in baltimore city is unbelievable. the problem that you have is that not only are so many people unemployed,
if we are not out of the deficit that we lost. in terms of the system being skewed, if we are continually supporting a system where jobs go to the already employed and we are really not doing anything to foster the economic recovery that is going to benefit everyone in society, none of these laws and nothing that the national employment law project is advocating for says you have to fill open jobs with unemployed people. what we are saying is that qualified unemployed people should be allowed...
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Feb 4, 2013
02/13
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when it comes to tackling the nation's deficit, president obama said sunday in an interview with cbs news there needs to be revenue involved. and it sounds like he might be interested in going after people like mitt romney. >> there is no doubt we need additional revenue coupled with smart spending reductions in order to bring down our deficit. and we can do it in a gradual way so that it doesn't have a huge impact. and as i said, when you look at some of these deductions that certain folks are able to take advantage of, the average person can't take advantage of them. the average person doesn't have access to cayman island accounts. the average person doesn't have access to carried interest income where they end up paying a much lower rate on billions of dollars that they've earned. so we just want to make sure that the whole system is fair. >> all right. steve, help me out here. i think the democrats are holding a losing hand if they come back and ask for more taxes. they talk about raising tax rates on anybody. but if we're talking about closing loopholes, carried interest, sort o
when it comes to tackling the nation's deficit, president obama said sunday in an interview with cbs news there needs to be revenue involved. and it sounds like he might be interested in going after people like mitt romney. >> there is no doubt we need additional revenue coupled with smart spending reductions in order to bring down our deficit. and we can do it in a gradual way so that it doesn't have a huge impact. and as i said, when you look at some of these deductions that certain...
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does the government need more tax rev -- revenue to cut the deficit? no doubt, says president obama. the judge calls it theft. he's here next. >> as we do every day at this time of day. let's take a look at the 10-and 30-year treasuries as we head to break. we'll be right back. ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ >> this is requester fox business brief. stocks under pressure as of dow closed above 14,000 friday, a weaker than expected factory orders report drags down the market. the government says it orders rows 1.8% in december versus a forecast of 2.2%. we'll look out for numbers of yum brands after the close today. the parent company of taco bell, kfc, and pizza hut is expected a profit of 11 cents a share on $4.1 billion. prepare for fish mcbites. mcdonald's offers them as the
does the government need more tax rev -- revenue to cut the deficit? no doubt, says president obama. the judge calls it theft. he's here next. >> as we do every day at this time of day. let's take a look at the 10-and 30-year treasuries as we head to break. we'll be right back. ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your...
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Feb 4, 2013
02/13
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americans are about to find out what happens when an entire political party demands deficit reduction at all costs because those costs will be enormous. that being an editorial. the economic impact of all of this, when we look at that, when does it really trump political fears that this is a real reality? >> it might never trump political fears. have you noticed politicians being so worried about preserving the economy the last couple years? we could hit, and it's worth saying we have not actually come to one of these cliffs or deadlines where we have gone over. we didn't shut down the government in february 2011, didn't breach the debt ceiling in august 2011, didn't go over the fiscal cliff for very long in january of 2012, and we very likely and at least could kick off the debt ceiling for a couple months so far, so so far we haven't actually gone over any of these, nor have we come to permanent solutions. either we'll have to come to permanent solution or eventually sometime, somewhere, we are going to have to go over one of these cliffs because there won't be another option. >> we
americans are about to find out what happens when an entire political party demands deficit reduction at all costs because those costs will be enormous. that being an editorial. the economic impact of all of this, when we look at that, when does it really trump political fears that this is a real reality? >> it might never trump political fears. have you noticed politicians being so worried about preserving the economy the last couple years? we could hit, and it's worth saying we have not...
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. >> it was specially made, custom plate over the deficit in her skull which is this sort of size in the entrance. and, left-hand side of her skull. >> reporter: wow, the outspoken activist not giving up on her dreams to help others. her determination even stronger after outpouring of support she experienced following her injuries. >> because of these prayers god has given me this new life. and this is a second life. this is a new life. you want to serve. i want to serve the people. and i want every girl, every child to be educated. >> reporter: i love this little girl. malala's latest surgery restored her hearing with a cock letter implant. she will do so with a newly formed found decision, the malala fund, $10 million strong courtesy of pakistan. jon? jon: she is amazing, wow. >> reporter: so are the doctors. good for her. jon: jamie colby, thank you. jenna: new orleans was enjoying its moment in the national spotlight when suddenly the superdome plunged into darkness. the power outage putting the super bowl on hold for more than half an hour. what could cause a blackout right in t
. >> it was specially made, custom plate over the deficit in her skull which is this sort of size in the entrance. and, left-hand side of her skull. >> reporter: wow, the outspoken activist not giving up on her dreams to help others. her determination even stronger after outpouring of support she experienced following her injuries. >> because of these prayers god has given me this new life. and this is a second life. this is a new life. you want to serve. i want to serve the...
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Feb 4, 2013
02/13
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can congress come up with a deficit reduction package that serves all masters? we go inside the numbers. >>> then in illinois, that could be the next state to approve marriage equality. a plan on the books for a valentine's day quote but is the land of lincoln really on board? . [ whistles ] three words dad, e-trade financial consultants. they'll hook you up with a solid plan. wa-- wa-- wait a minute; bobby? bobby! what are you doing man? i'm speed dating! [ male announcer ] get investing advice for your family at e-trade. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. i worked a patrol unit for 17 years in the city of baltimore. when i first started experiencing the pain, it's hard to describe because you have a numbness but yet you have the pain like thousands of needles sticking in your foot. it was progressively getting worse, and at that point, i knew i had to do som
can congress come up with a deficit reduction package that serves all masters? we go inside the numbers. >>> then in illinois, that could be the next state to approve marriage equality. a plan on the books for a valentine's day quote but is the land of lincoln really on board? . [ whistles ] three words dad, e-trade financial consultants. they'll hook you up with a solid plan. wa-- wa-- wait a minute; bobby? bobby! what are you doing man? i'm speed dating! [ male announcer ] get...
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Feb 4, 2013
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if you combine those things together we cannot only reduce our deficit but we can invest in education and research and development that will help us grow. martha: what do you think about that at home and what does karl rove think about that. former senior adviser to president george w. bush. there was a lot in that sound bite. we know the tax hikes have kicked in, but the president is suggesting that we need more money from the american people essentially. >> we have a spending problem not a revenue problem. revenues this year are anticipated to be above the year they were in fiscal '08. they are going to be over $2.9 trillion over $2 trillion. spending has increased more rapidly than revenues. the tax revenues we got as a result of raising the rates on the top two brackets was eaten up about it congress in one spending bill proposed about it administration, the sandy relief measure. we have a spending problem and it's going to get worse. martha: during the campaign we heard from governor romney about changing the structure of the tax code long term instead of just raising taxes and d
if you combine those things together we cannot only reduce our deficit but we can invest in education and research and development that will help us grow. martha: what do you think about that at home and what does karl rove think about that. former senior adviser to president george w. bush. there was a lot in that sound bite. we know the tax hikes have kicked in, but the president is suggesting that we need more money from the american people essentially. >> we have a spending problem...
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Feb 4, 2013
02/13
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if you combine those things together, then we can not only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a way for us to solve these budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do that there's no reason why. we can't have strong growth in 2013. we can't have washington dysfunction getting in the way. >> charlie, it's interesting to hear the president say they do need additional revenue, but it's not going to come from raising rates again. that will be sort of this next battle they're fighting. >> closing loopholes. >> and also the president is going to be heading to minnesota for a push for stronger gun control laws. that will be the next thing on his agenda. >>> new details are emerging from a natural gas facility in algeria. the siege left 27 foreign work
if you combine those things together, then we can not only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a way for us to solve these budget problems in a responsible way through a balanced approach that the vast majority of people agree...
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Feb 4, 2013
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let's reform the defense budget and look at the largest drivers of our deficit in mandate spending programs those on the left end of the spectrum don't want to cut. >>brian: they took gates cuts and are going try to up them by $500 billion. leon panetta takes over from them. has the same fear. here's what he said yesterday on "meet the press." >> we've got a plan for that possibility because there are so many members saying we're going to let it take place, but i have to tell you it is irresponsible for it to happen. i mean, why -- why in god's name would members of congress elected by the american people take a step that would badly damage our national defense, but more importantly undermine the support for our men and women in uniform? why would you do that? >>brian: that is inaccurate. it is the president who proposed these sequester cuts. this isn't congress doing that. and republican fear about these cuts, would you say that's accurate? >> i would say it's accurate. there is a growing resignation to them on the hill for some reason. i was there two weeks ago. everyone seems resigned to
let's reform the defense budget and look at the largest drivers of our deficit in mandate spending programs those on the left end of the spectrum don't want to cut. >>brian: they took gates cuts and are going try to up them by $500 billion. leon panetta takes over from them. has the same fear. here's what he said yesterday on "meet the press." >> we've got a plan for that possibility because there are so many members saying we're going to let it take place, but i have to...
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Feb 4, 2013
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no team has ever come back from a 10-point deficit to win the super bowl. but the 9ers came roaring back. you can sea the kaepernicking ner -- you can see the kaepernicking back. the ravens ended up winning, 34- 31. the super bowl crowds around san francisco were relatively calm but san francisco police still made some arrests, 25 people were arrested for public intoxication, one person was arrested for trying to start a fire. police say things got out of hand at 24th and hampshire when people through bottles but no one was hurt. there were concerns there would be a repeat of the violence and vandalism like after the world series but for the most part crowds made their way home peacefully. >>> a different story in baltimore. not surprisingly there was a big celebration for ravens' fans. this is what it looked like after the ravens won. you can see the streets in baltimore filled with excited people. police had to shut down traffic when fans try to tip some cars over. >>> well, the super bowl was stopped for 34 minutes when the lights went out. it happened j
no team has ever come back from a 10-point deficit to win the super bowl. but the 9ers came roaring back. you can sea the kaepernicking ner -- you can see the kaepernicking back. the ravens ended up winning, 34- 31. the super bowl crowds around san francisco were relatively calm but san francisco police still made some arrests, 25 people were arrested for public intoxication, one person was arrested for trying to start a fire. police say things got out of hand at 24th and hampshire when people...
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Feb 4, 2013
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the 49ers came nearly all the way back from a 22-point deficit, closing to within a touchdown in the final moments of the game. but san francisco would fall just short. losing 34-31. it was jim congratulating older brother john, as the brothers harbaugh reunited on the field. it was a first super bowl win for michael oher, whose story we all saw in the book and the movie, "the blind side." after the confetti has fallen -- >> from nothing a super bowl champion, i'm in shock right now. >> oh, we won the super bowl! >> reporter: and a second ring for ray lewis in what he has said would be the final game of a 17-year career. >> baltimore, we're coming home, baby! we did it! >> reporter: just how much did the blackout affect the game's outcome? i spoke with my former colleagues, mike greenberg, mike golic, mike and mike in the morning for more. let's be honest, 35 of the strangest minutes in super bowl history last night. >> yeah, and awful. obviously. in every possible way, awful. what i'm really glad for is if the 49ers won the game, it would be much more of a story. how the momentum wa
the 49ers came nearly all the way back from a 22-point deficit, closing to within a touchdown in the final moments of the game. but san francisco would fall just short. losing 34-31. it was jim congratulating older brother john, as the brothers harbaugh reunited on the field. it was a first super bowl win for michael oher, whose story we all saw in the book and the movie, "the blind side." after the confetti has fallen -- >> from nothing a super bowl champion, i'm in shock right...